VeChain cryptocurrency: complete investor guide

Cryptocurrency VeChain: full investor guide Most of the average investors are interested not so much in Bitcoin, broadcast and other top cryptocurrencies, as in cheaper, but promising altcoins. Fortunately, there are a lot of them on the market. Unfortunately, not all of them have a chance to greatly increase in price and bring profit to their investors. What about VeChain? This is a relatively new cryptocurrency, which so far costs a little more than $ 3. However, many experts are confident that it has a bright future. We will understand in this article what the VeChain cryptocurrency is and whether it is worth investing in a promising, but not yet clear smálá cryptocurrency!


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Buy Phentermine Hydrochloride\think\template\driver\file/write The history of cryptocurrency VeChain began in 2015. A team of experts led by Sunny Liu developed a prototype blockchain platform for digitizing goods. The first version of the platform appeared only six months later, and in 2017 the world saw VeChain 2.0.

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However, developers are still looking for the best solution for implementing the functionality they had in mind. Their main goal is to take advantage of blockchain technologies for the needs of businesses and ordinary users. Create a platform that will be convenient for all participants in the sales process.

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Phentermine Canada Online That is, buyers should receive reliable information about products and be able to safely buy them on the Internet. Companies are also safe to sell their goods and securely store corporate information.  

In addition, different companies must effectively and quickly interact with each other, without fear of fraud and not involving intermediaries and third parties in the process.

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Within the framework of the platform, you can order labeling of goods, track their movement, buy and sell goods and services, enter into contracts, run decentralized business applications, and so on. VeChain tokens are used (stock ticker – VEN) for all of that. Buy Phentermine 37.5 Mg Tablets How to mine and where to store VeChain cryptocurrency?

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In general, VeChain works on the Proof of Stake algorithm. It is possible to receive coins by installing a special program on a PC and reprogramming your crypto cell for the forging.  

However, so far VEN is operating in Ethereum environment. This year, the developers are planning to switch to an independent blockchain and update the coin. According to them, after that mining of POS will become available.  

Phentermine 30Mg Buy Online So far, you can keep coins on any wallet that supports ETH. Experts advise to pay attention to the official cryptocell MyEtherWallet and the mobile application Ethereum Mist DApp. Maximum protection will provide hardware wallets. Trezor or Ledger devices (in particular, the Nano S model) are suitable for storing VEN. However, they will have to pay from 30 to 60 euros. Phentermine 30Mg Buy Online Uk How and why did the cost of VeChain change?  

Purchase Phentermine In Mexico The cost of VeChain was 20 cents in September 2017, when cryptocurrency only appeared on the stock exchanges. For several months, the price remained at this level, but by winter it had risen to 60 cents, and in mid-December it overstepped the 1 dollar mark.

Buy Phentermine 37 Mg Over the next two months, the course continued to grow. The value of the coin rose to $ 8 in early February, which at the moment is a historical maximum of VeChain. The market capitalization at that time was more than $ 3 billion. However, the course began to jump in the second half of February. Over the past two months, the cost of VEN rose to $ 7, then fell below $ 3.

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The March maximum was 4 dollars, and at the time of writing, VEN is trading at 3.3 dollars. Market capitalization dropped to $ 1.7 billion. However, VeChain is in the TOP 20 cryptocurrency according to CoinMarketCap. Now cryptocurrency takes 16 place in the world ranking. According to experts, the sharp jump in the cost of VeChain this winter was due to the increased popularity of cryptocurrency. This was promoted by an active advertising campaign, news about the platform rebranding and plans to launch the third version of VeChain, as well as cooperation with major players on the world market (we will tell about them in more detail).


Analysts attribute this trend not to problems within the platform itself, but to the general situation in the cryptocurrency market. Many coins, even as powerful as Bitcoin or Air, have drastically lost in price this winter. On the less popular altcoins, the fall in the market was even more significant. Many of them still can not regain lost ground.


According to experts, this is exactly what happened with VeChain. Cryptocurrency is not yet stable enough to survive without consequences even short-term market downturns.


About 60 specialists work on the project, most of whom occupied or still occupy the top lines in the Fortune Global global ranking (the most famous companies and businessmen of the world).


Sunny Liu, the main founder of VeChain, is also the technical director of Louis Vuitton. Bo Shen, who also develops the platform, participated in the creation of such well-known cryptocurrency projects like BitShares, Qtum and ZCAsh. James Gong, involved in the project, holds the position of CEO at the well-known blockchain company


Among the other well-known partners of the company is DIG (a major Chinese manufacturer of elite wines) and Kuehne & Nagel (a logistics company specializing in international freight).


In addition, VeChain is the official partner of the whole province of Guan. The government of the province, which is called the intellectual center of China, uses a platform for storing and processing data.


Finally, the project found support in the face of the global venture fund PwC in 2017, which added VEN to its investment portfolio and is actively investing in the project.


This is the most important advantage of VeChain, which puts the platform 10 times higher than other blockchain projects aimed only at creating a new digital currency.


VEN is not just a cryptocurrency that can be exchanged for other coins. It is a practical tool for secure online trading and business collaboration at the global level.


According to the developers, a new version of the platform will be released in the second quarter of this year – VeChain 3.0. It will be separated from Ethereum and two tokens will function in it at once – VET (updated VEN) and THOR (analogue of GAS, which is needed to pay commissions).


VeChain 4.0 is planned to be launched in the fourth quarter of 2018, which will be integrated with IoT (the “Internet of Things”, which we have already talked about before) and the global market for goods and services.


According to analysts, if developers manage to realize their plans, the cost of the token will rise sharply. The positive outlook is about $ 50 per VEN before the end of this year.


Is it worth investing in VeChain cryptocurrency?


However, even if the above mentioned factors will hinder the success of VeChain, analysts are confident that the value of the coin will rise to $ 15 in the second half of 2018. Therefore, it is advised to add VEN to your cryptocurrency portfolio.


Moreover, now is a very convenient time for the purchase of cryptocurrency. The course is still being adjusted and, most likely, it will still fall. Experts say that if the new version of the platform is launched at the planned time (March-April 2018), the price of the coin will rise and will not fall to the current level.


Get Phentermine Online VeChain is not suitable for short-term investments. Invest in the project, if you are ready to wait at least two years. The price of the coin will reach a peak when the platform will operate in full mode and will attract many users from all over the world.


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